IRS Currently Not Collectible Status

Are you unable to pay taxes because of your current life situation? Currently Not Collectible status placement may be a good option for you. Polston Tax Resolution and Accounting can help!

Currently Not Collectible status may be a good option for you if you have little to no income. If you cannot pay your taxes because of your income nor have assets available, you may want to consider hiring Polston Tax Resolution and Accounting to help you.

The Internal Revenue Service may place your account in IRS Currently Not Collectible status automatically if it is unable to collect taxes from you. This does not usually happen though. In many cases you will have to prove your inability to pay your taxes by providing evidence and submitting various forms and appropriate documentation. Once everything is received by the IRS it will make a decision on your status. If you find yourself in a situation where you must apply for Currently Not Collectible status, Polston Tax Resolution and Accounting can provide information regarding the process and whether or not you may qualify.

Our team can also provide you with ongoing consulting and assistance when it comes time for renewal. IRS Currently Not Collectible status can be reviewed every two years to verify that a taxpayer’s financial situation hasn’t changed. If it is found that the taxpayer no longer requires Currently Not Collectible status, the IRS will take the account off CNC status and begin collecting taxes. In most cases, Currently Not Collectible status is continued until the collections period expires. If you are retired or are sure that your income level won’t change, Currently Not Collectible makes a lot of sense.

However, in order to know for sure, you may want to contact us today to determine whether or not you qualify. You can call us confidentially at 844-841-9857 to schedule a free consultation or fill out our contact form.